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What is the difference between offline subscription and online subscription of ETF?

Since January, 221, many ETF funds have been released in the market. There are two subscription methods for ETF funds: offline subscription and online subscription. What is the difference between offline subscription and online subscription?

1. Different channels: offline subscription is through the business outlets of securities companies, while online subscription is through the online trading system of stock exchanges.

2. Fund transfer: offline subscription, in which funds are frozen first and then transferred, and the transfer date is the day when the subscription period of ETF ends; After online subscription, the funds are frozen and transferred in real time.

3. Subscription period: The offline subscription period is the whole recruitment period, while the online subscription period is generally only three days.

Offline subscription and online subscription are just different. In some respects, they still have the same policy. First, the minimum subscription share of both is 1,. Second, the interest generated before the establishment of the fund will be included in the fund assets.